Activator230822
Verified member
Nowadays most economies in the world are ravaged by the ongoing inflation which seems to be staying there for a very long time so to speak.
As a result of that, the currency value has drastically reduced and the purchasing power has really gone down making people to spend more on very few items.
With that being said, the financial situations for the low to the middle income earners is at stake because of the accumulation of debts that lead them to financial constraints and stagnanted financial lives.
That's why you would see most people staying on the same financial levels years in years out for that matter.
As a result of that, the currency value has drastically reduced and the purchasing power has really gone down making people to spend more on very few items.
With that being said, the financial situations for the low to the middle income earners is at stake because of the accumulation of debts that lead them to financial constraints and stagnanted financial lives.
That's why you would see most people staying on the same financial levels years in years out for that matter.
